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A comment on Housing should be affordable except for when I sell my house for $1M. Parent comment

Re:Housing should be affordable except for when I sell my ho... by pydry on Saturday April 22, 2023 @01:47PM (#35669122)
Meanwhile other people are pretty happy with the (r>g) gradual decline into feudalism driven by asset and land ownership accumulating in fewer and richer hands.
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Re:Housing should be affordable except for when I sell my ho... by sooheon on Saturday April 22, 2023 @01:55PM (#35669203)
I love Piketty for bringing the data, but it's clear that r incorrectly lumps together land and capital. R can be decomposed into returns to land (rent) and returns to capital, and the former is much more pernicious.

https://equitablegrowth.org/land-rather-than-capital-the-lon...

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